Recap: IBM Q4 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


IBM (NYSE:IBM) reported its Q4 earnings results on Monday, January 24, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

IBM beat estimated earnings by 6.69%, reporting an EPS of $3.35 versus an estimate of $3.14, which did not surprise analysts.

Revenue was up $3.67 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 9.56% drop in the share price the next day.

Here's a look at IBM's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 2.50 2.29 1.63 1.79
EPS Actual 2.52 2.33 1.77 2.07
Revenue Estimate 17.77B 18.29B 17.34B 20.67B
Revenue Actual 17.62B 18.75B 17.73B 20.37B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps